chinese investment in those critical sectors. and now us is looking to do the reverse, which is create processor to screen outbound investment to make sure that american firms come on american investors, especially in venture capital investors, don t unwillingly finance china s development of semiconductors. to date, the united states has been focused on competing with china. but now, after the semiconductor technology export controls were adopted, the us policy is moving beyond sort of simple competes, i want to maintain relevance, to a posture but it actually wants to cap a chinese capabilities. in other words, maintain an absolute american technology could scratch more technological advantage. and by hobbling china in that we actually degrading chinese capabilities, you are assuming a much more a zero more zero sum position, which will change, i believe is changing the nature of the competition between
much common ground, but in the read out that followed, both sides appeared keen to downplay any idea that they were headed toward some new cold war era confrontation. i mean, we had an open and candid conversation about our intentions and our priorities. it was clear he was clear and i was clear, we re going to compete vigorously, but i m not looking for conflict, i m looking to manage this competition responsibly. i didn t find him more confrontational or more conciliatory i found him the way he s always been, direct and straightforward. and do i think he s willing to compromise on various issues? yes. evan medeiros was barack obama s top policy advisor on the asia pacific region. he served as director for china on the us national security council. he is now a professor at georgetown university. you were quoted over the weekend as saying this was the first superpower summit of the cold war
biggest chip manufacturer that they have in the uk? we biggest chip manufacturer that they have in the uk? have in the uk? we have this balancing have in the uk? we have this balancing act have in the uk? we have this balancing act where - have in the uk? we have this balancing act where as - have in the uk? we have thisl balancing act where as long as have in the uk? we have this i balancing act where as long as it have in the uk? we have this - balancing act where as long as it is no threat balancing act where as long as it is no threat to balancing act where as long as it is no threat to our balancing act where as long as it is no threat to our security, - balancing act where as long as it is no threat to our security, we - balancing act where as long as it is no threat to our security, we havel no threat to our security, we have to allow no threat to our security, we have to allow for no threat to our security, we have to allow for investment no threat to our security
security affairs, with china and russia are aligned in one quarter, the us and europe, and us allies in asia sort of a in another corner of the globe. so, i don t believe that we are going to see geopolitically a replay of the old cold war. but i do think are going to see a new version of the cold war, version 2.0. a version for nuclear weapons are not necessarily at the four point, but the competition is going to be much more in the areas of economics. clearly on key technologies, semiconductors, artificial intelligence, and are going to be some hot button military issues like taiwan, for the us is trying to get greater agreement from germany, france, the uk, to support us positions there. france, the uk, to support us positions there. victoria, let me ut this positions there. victoria, let me put this to positions there. victoria, let me put this to yom positions there. victoria, let me put this to you. it positions there. victoria, let me put this to you. it was positions t
reasonableness. in order to further encourage germany and france are to have a policy towards china that is independent of the highly competitive approach articulated by the united states. buti competitive approach articulated by the united states. competitive approach articulated by the united states. but i imagine she is all too aware the united states. but i imagine she is all too aware that the united states. but i imagine she is all too aware that europe - the united states. but i imagine she is all too aware that europe sees - the united states. but i imagine she is all too aware that europe sees a l is all too aware that europe sees a very different way to how it was viewed pre disease mac. we have had, just as we can from the chancel in germany, sent government needs to diversify away from china. the uk government has redesignated china as a strategic threat. so, the europeans are falling behind the united states. how do these two superpowers, then, go about this strategic